The Smart Way To Buy Bitcoin & Crypto With E*TRADE
Mike Harry
Feb 2024
5 min to read
Fact checked
Summary: For customers of E*TRADE who would like to purchase cryptocurrencies such as Bitcoin and Ethereum, we recommend signing up with eToro and Uphold. Both of these platforms are regulated by FinCEN and offer a wide range of cryptocurrencies. Registration is simple and you can start trading quickly after the process has been completed.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Can I buy crypto on E*TRADE ?
Customers of E*TRADE who want to buy and sell cryptocurrencies cannot do so through E*TRADE.
The reason for this is that it does not have the necessary infrastructure to enable cryptocurrency trading. We advise customers to instead use external third-party exchanges.
How to buy crypto with E*TRADE ?
If you want to buy cryptocurrencies through E*TRADE, you need to link your bank account to a third-party exchange like eToro and Uphold.
You can then deposit money via bank transfers which are usually free and take 1-2 business days to process. You can also deposit funds via card transfer which is instant but comes with a fee.
We recommend signing up for FinCEN-regulated exchanges such as Uphold and eToro that are regulated and safe to use.
These platforms are also perfect for beginners who want access to a simple way to invest in 100s of digital assets like Bitcoin, Ethereum, Solana and many others!
Signup in minutes
1. Create Account: Signup and add your identity verification. 2. Deposit Funds: Via your E*TRADE account or credit card/debit card. 3. Start Buying: Once your deposit has arrived in your account.
Does E*TRADE sell cryptocurrency?
At the time of writing, E*TRADE does not sell cryptocurrencies like Bitcoin and Ethereum on its platform. To gain direct exposure to cryptocurrencies, investors have to turn to regulated exchanges.
Does E*TRADE support cryptocurrency?
While Etrade does not directly sell or trade cryptocurrencies, investors can get indirect exposure to cryptocurrencies through E*TRADE’s online trading platform. This can be done by buying stocks or ETFs that are related to the cryptocurrency market.
What cryptocurrency can I buy on E*TRADE ?
Customers of Etrade can’t buy any cryptocurrencies directly on the platform. Instead, investors can buy stocks of companies that are involved in the crypto space such as Riot Blockchain (cryptocurrency mining) or the Grayscale Bitcoin Trust (Bitcoin ETF).
Can you invest in crypto on E*TRADE ?
E*TRADE offers a variety of crypto stocks and ETFs for trading, including those that are associated with the major cryptocurrencies such as Bitcoin and Ethereum.
Below we have outlined a selection of the securities and ETFs that E*TRADE offers.
Greyscale Bitcoin Trust (GBTC)
MicroStrategy (MSTR)
Greyscale Ethereum Trust (ETHE)
Coinbase (COIN)
VanEck ETF Trust (XBTF)
Marathon Digital (MARA)
Can I buy Coinbase stock on E*TRADE ?
Yes, Coinbase stock (COIN) is available for investors to buy via Etrade.
When will E*TRADE offer cryptocurrency?
It is unclear when Etrade will take the leap and offer direct exposure to cryptocurrencies. If we are to venture a guess, we think its likely this could occur in the next 2-3 years. In the meantime, we recommend using Uphold and eToro.
What is E*TRADE ?
E*TRADE is an American financial services company founded in 1982 by William Porter and Bernard Newcomb. Initially, the company provided brokerage services to individual investors but has since expanded its product offering.
Today E*TRADE is one of the largest online brokers, offering a wide range of services including banking, investing, retirement planning, and trading.
In terms of brokerage services, E*TRADE offers online stock and options trading, portfolio management, retirement planning, mutual fund and ETF investing, banking, margin lending, and cash management services.
E*TRADE's most popular products are stocks, ETFs, mutual funds, options, and bonds.
The company offers a wide range of stocks from leading U.S. and international exchanges, including the Nasdaq Stock Market, the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE).
E*Trade also offers a variety of ETFs to investors. These include domestic and international ETFs, such as those from iShares, Vanguard, and SPDR.
Additionally, E*Trade offers sector and industry ETFs, leveraged ETFs, and inverse ETFs.
E*TRADE is estimated to have over 5 million customers and is available in the United States, Australia, Hong Kong, Singapore and the United Kingdom.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.
Signup to eToro and Get $10 Bonus (US Only) when you deposit $100! eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.